Rocket Lab Buys Mynaric for $155.3M, Unveils Gauss Thruster Driving 10% Stock Surge
Rocket Lab completed its $155.3M Mynaric acquisition using cash and 2.28M shares, adding laser optical communications terminals and its first European footprint, and unveiled the Gauss electric thruster with 200-unit annual production capacity. Shares jumped about 10% after the deal and thruster unveiling.
1. Mynaric Acquisition Details
Rocket Lab agreed to acquire Mynaric for $155.3 million, paying with cash and 2.28 million shares. The deal adds laser optical communications terminals to Rocket Lab’s product lineup and establishes its first operational presence in Europe, broadening access to commercial and national security customers.
2. Gauss Thruster Introduction
The company unveiled its Gauss electric satellite thruster designed for high-volume constellation deployments and extended missions. Production capacity is set at over 200 units annually, targeting satellite operators requiring scalable propulsion solutions.
3. Stock Reaction
Shares climbed roughly 10% on completion of the acquisition and thruster rollout, reflecting investor enthusiasm for expanded capabilities and market reach. The rally underscores growing confidence in Rocket Lab’s strategic moves to strengthen its position in the space sector.
4. Q1 2026 Financial Results
Rocket Lab scheduled its first quarter 2026 financial results release for May 7, 2026, after market close, with a live conference call at 2:00 p.m. Pacific Time. Investors can access the webcast and replay via the company’s Investor Relations website.